395
395
Nov 26, 2012
11/12
by
FOXNEWSW
tv
eye 395
favorite 0
quote 0
republicans are resisting the idea that inleasing tax rates on the wealthy will steer the country away from the fiscal cliff even though suspects insist it will. >> i would be very much opposed to raising tax rates, but i believe that we can close a lot of lop holes. >> they have to go up, real or effective tax rates, there are ways of doing this and secondly, we have to gross loopholes. >> lindsey graham is okay with new revenue and willing to cap deductions to get it, but only if democrats agree to reform entitlements like social security and medicare. >> i don't expect the democrats to go for premium ouci do expect them to adjust these entitlement programs before they bankrupt the company. some entilement reform is okay with illinois democratic senator dig durbin, but thinks that social security should be left alone. >> social security does not add one penny to our debt. not a penny. it's a separate funded operation and we can do things and i believe we should, smaller things played out long-term that give it solvency. >> and congressman peter king says nobody will get all they want
republicans are resisting the idea that inleasing tax rates on the wealthy will steer the country away from the fiscal cliff even though suspects insist it will. >> i would be very much opposed to raising tax rates, but i believe that we can close a lot of lop holes. >> they have to go up, real or effective tax rates, there are ways of doing this and secondly, we have to gross loopholes. >> lindsey graham is okay with new revenue and willing to cap deductions to get it, but...
233
233
Nov 26, 2012
11/12
by
FOXNEWSW
tv
eye 233
favorite 0
quote 0
expiration of the tax cut around for years can be called a tax increase. the nonpartisan budget office would bring in $1 trillion in ten years. on tap, 1.2 trillion in spending cuts for ten years. $100 billion in first year. half to defense programs. half to nondefense. cbo says going off the cliff would lead to a recession next year. we have fox team coverage tonight. ed henry is trying to read tea leaves on a day of mixed signals from all sides but we begin with mike emanuel on the possibility that g.o.p. lawmakers may put their oath of office above a promise to antitax increase organizer. good evening. >> good evening. the republican sources say they are offering a balanced approach of significant spending cuts and some revenue without boosting tax rates. >> we have been responsible as we remain firm on this point. no tax increases now for promised spending cuts that won't materialize later. the american people have seen that game before. they won't be fooled again. >> the top republican on the senate budget chel explained the g.o.p. plan to bring in mo
expiration of the tax cut around for years can be called a tax increase. the nonpartisan budget office would bring in $1 trillion in ten years. on tap, 1.2 trillion in spending cuts for ten years. $100 billion in first year. half to defense programs. half to nondefense. cbo says going off the cliff would lead to a recession next year. we have fox team coverage tonight. ed henry is trying to read tea leaves on a day of mixed signals from all sides but we begin with mike emanuel on the...
206
206
Nov 26, 2012
11/12
by
CNNW
tv
eye 206
favorite 0
quote 0
he says i would raise taxes if. then he lists this incredible list of reforms and entitlements that the democrats would never give him. i suggested, senator, you're offering to trade a tax increase for a pink unicorn that doesn't exist. >> you're saying this is never going to happen. because if a republican says, you know what, i am actually not going to go with the pledge that i have signed and i'm going to, you know, do this compromise and vote for that, would you then target that lawmaker? would you say, you know, you're lying. you changed your mind from the pledge. now i'm going to put the substantial weight and efforts of your organization to try to unseat that republican candidate? >> george hervert walker bush broke his commitment to the american people. i don't think the americans for tax reform even put out a press release. somehow the american people figured out he broke his commitment. he couldn't get 38% of the vote when he ran in a general. he didn't lose in a primary. he lost in a general election. rai
he says i would raise taxes if. then he lists this incredible list of reforms and entitlements that the democrats would never give him. i suggested, senator, you're offering to trade a tax increase for a pink unicorn that doesn't exist. >> you're saying this is never going to happen. because if a republican says, you know what, i am actually not going to go with the pledge that i have signed and i'm going to, you know, do this compromise and vote for that, would you then target that...
147
147
Nov 26, 2012
11/12
by
KNTV
tv
eye 147
favorite 0
quote 0
the use of tax havens to avoid paying taxes in this country is an outrage. we can end it. there's tens of billions of dollars a year involved in closing those kinds of offshore loopholes. >> i'm going to leave it there. senator levin, thank you for being here. hope you had a good holiday. >>> i want to turn to the republican side. peter king of new york. congressman, hope you had a good holiday. good to see you this morning. >> i had a great holiday, especially because notre dame beat southern cal. >> my poor step dad. he is not so happy this morning. >> i don't care about him. >> let me continue on the issue of taxes because this is important. and as i say, it's going to be the defining issue. you hear republican saxby chambliss say it's not going to govern what i do. norquist saying he promised the people of georgia that he would reform the government rather than raise taxes. where do you stand on the pledge? can this be overcome? with revenues be raised? >> first of all, i agree with chambliss. a pledge you signed 20 years ago, 18 years ago, is for that congress. for in
the use of tax havens to avoid paying taxes in this country is an outrage. we can end it. there's tens of billions of dollars a year involved in closing those kinds of offshore loopholes. >> i'm going to leave it there. senator levin, thank you for being here. hope you had a good holiday. >>> i want to turn to the republican side. peter king of new york. congressman, hope you had a good holiday. good to see you this morning. >> i had a great holiday, especially because...
260
260
Nov 26, 2012
11/12
by
CNNW
tv
eye 260
favorite 0
quote 0
. >> his power comes from this tax pledge. the last thing that he can afford to see more republicans peel off. if they do, then he can't get the next person to sign that pledge. >> tomorrow on "starting point" we're going to be talking to race car driver danica patrick and star of "pretty little liars." cnn newsroom with carols can to casse tell low begins now. >>> horror in bangladesh. two giant clothing factories there go up in flames. they might have made the clothes that are in your closet right now. thousands of workers protest the deaths of their colleagues. were safety warnings ignored? >>> republican rebellion? lindsey graham the latest lawmaker to buck a powerful gop lobbyist and his anti-tax pledge. we'll have the view from the edge of the so-called fiscal cliff. >>> one of the most recognizable voices in hollywood lends his voice to a pro-same-sex marriage ad. >> freedom, justice and human dignity have always guided our journey toward a more perfect union. now across our country, we are standing together for the rig
. >> his power comes from this tax pledge. the last thing that he can afford to see more republicans peel off. if they do, then he can't get the next person to sign that pledge. >> tomorrow on "starting point" we're going to be talking to race car driver danica patrick and star of "pretty little liars." cnn newsroom with carols can to casse tell low begins now. >>> horror in bangladesh. two giant clothing factories there go up in flames. they might have...
407
407
Nov 26, 2012
11/12
by
MSNBCW
tv
eye 407
favorite 0
quote 0
gains tax rate. you know what all of it is? all of it is about can they govern? can they govern? can we be governed? can the people in washington, d.c., in the house and the senate and the president, can they govern? >> they have to. >> well, they have to. they absolutely have to. >> just to make a point for those who thought that the health care reform law was historic, many people -- i actually assume that most of the five people at this table think that it's a shocking thing that america is the most powerful country on earth before the health care law was passed, had a massive number of many, many millions of uninsured people in the country when every other industrialized country has universal coverage. >> right. we do all agree with that, right? >> one of the more historic things, it's going to move millions of uninsured people into the ranks of the civilized world. >> and as the president promised, also not only is he going to put 30 million people on the rolls for health care, it's also going t
gains tax rate. you know what all of it is? all of it is about can they govern? can they govern? can we be governed? can the people in washington, d.c., in the house and the senate and the president, can they govern? >> they have to. >> well, they have to. they absolutely have to. >> just to make a point for those who thought that the health care reform law was historic, many people -- i actually assume that most of the five people at this table think that it's a shocking...
208
208
Nov 26, 2012
11/12
by
FOXNEWSW
tv
eye 208
favorite 0
quote 0
taxes rise. martha: even the white house is warning that the uncertainty of a potential tax hike could hurt american retailers during this deholiday shopping season. white house economists saying quote, as we approach the holiday season which accounts for 1/5 of industry sales, retailers can not afford the threat of tax increases on middle class families. bill: as we learn more about what each side is kill willing to concede in this argument president obama meets with leaders later in the week. this morning we'll meet with house majority leader eric cantor live in "america's newsroom.". next hour we talk to him where these negotiations are. how much each side is willing to give up and what they want in return. ultimately will they get a deal? eric cantor coming up next hour. martha: it is all in the language and semantics of these discussions. as u.s. lawmakers continue all this wrangling over some kind of budget deal we work towards here at home, european lawmakers are meeting today on their fin
taxes rise. martha: even the white house is warning that the uncertainty of a potential tax hike could hurt american retailers during this deholiday shopping season. white house economists saying quote, as we approach the holiday season which accounts for 1/5 of industry sales, retailers can not afford the threat of tax increases on middle class families. bill: as we learn more about what each side is kill willing to concede in this argument president obama meets with leaders later in the week....
296
296
Nov 26, 2012
11/12
by
FOXNEWSW
tv
eye 296
favorite 0
quote 0
or effective tax rates. there is ways of doing that. secondly, though, we've got to close significant loopholes. >> bottom line, getting back to the report, the president is asking congress it act now specs tend the tax cuts for the middle class. they say the holiday season is not a time to threaten middle class pocketbooks. back to you. >> steve: thanks very much. the white house wants all the people who voted for barak obama to flood congressmen with e-mail and also with video messages via youtube saying why we should raise taxes on the rich. >> gretchen: so it's mainly for conservative democrats and to sway some republicans in those districts. we asked what you thought about this. will it change members of congress' mind? here is marge, cut all loopholes, subsidies and reduce spending equally but do not raise taxes. >> steve: here is a tweet from heather. it would say do your job, pass a balanced budget like required by law. no more closed door secret tax meetings. >> brian: more e-mails and tweets coming
or effective tax rates. there is ways of doing that. secondly, though, we've got to close significant loopholes. >> bottom line, getting back to the report, the president is asking congress it act now specs tend the tax cuts for the middle class. they say the holiday season is not a time to threaten middle class pocketbooks. back to you. >> steve: thanks very much. the white house wants all the people who voted for barak obama to flood congressmen with e-mail and also with video...
266
266
Nov 26, 2012
11/12
by
CURRENT
tv
eye 266
favorite 0
quote 0
exactly. >> it's not raising taxes. it is not raising the rate of taxes. it the is just cutting the -- the deduction for capping emissions on your jet. >> stephanie: i think the good news is the president has cut through that [ bleep ] he said if you come to me and say can we kind of do this and close the loophole and something that's not exactly a tax increase. he said no. we're wise to what you're talking about. >> that's the softening of rhetoric you're seeing on the right is in response to a president that now really has nothing to lose. so why not -- so why not at least try to sound reasonable, back off the radical positions. >> stephanie: yep. rudeness, are you delightful. as a post-holiday leftover or fresh. >> thank you. i'll be the stuffing in your turkey sandwich any time. >> stephanie: okay. all right then. all right. >> i'm glad nobody -- >> stephanie: i just made extra gravy. >> stephanie you won't ease miller! [ buzzer ] >> see what you made -- did to me rudeness? >> wow. >> stephanie: what's that about? >> you said it! >> stephanie: i don't
exactly. >> it's not raising taxes. it is not raising the rate of taxes. it the is just cutting the -- the deduction for capping emissions on your jet. >> stephanie: i think the good news is the president has cut through that [ bleep ] he said if you come to me and say can we kind of do this and close the loophole and something that's not exactly a tax increase. he said no. we're wise to what you're talking about. >> that's the softening of rhetoric you're seeing on the right...
65
65
Nov 26, 2012
11/12
by
CSPAN2
tv
eye 65
favorite 0
quote 0
revenue, taxes, i can say taxes, they can't say that on the other side of the aisle, revenue, taxes. that would account for 40% in simpson-bowles, 40%. what we're talking about is to make sure any deficit reduction package forward has a substantial portion of revenue and taxes in it but you can't tax the wealthiest people in america and balance the budget. i know that's true. there has to be spending cuts. also changes in entitlement programs. i happen to agree with the majority leader, social security does not add a penny to the deficit, not one penny, it is a separate trust fund, but it only has about 22 years of life left in it. that's pretty good by washington standards but we can do better. i think and many of us agree, bipartisan basis, let's make some small changes in social security today to guarantee it will be here for 50 years or even 75 years. we can do that. but that's a separate debate. the debate on the fiscal cliff is about entitlement programs. and i watched some of my friends on the left, on the democratic side saying don't touch the entitlement programs. they're ig
revenue, taxes, i can say taxes, they can't say that on the other side of the aisle, revenue, taxes. that would account for 40% in simpson-bowles, 40%. what we're talking about is to make sure any deficit reduction package forward has a substantial portion of revenue and taxes in it but you can't tax the wealthiest people in america and balance the budget. i know that's true. there has to be spending cuts. also changes in entitlement programs. i happen to agree with the majority leader, social...
256
256
Nov 26, 2012
11/12
by
CNBC
tv
eye 256
favorite 0
quote 0
are paying taxes some other way. >> corporations pass along taxes to their consumers anyway. to the customers as well, right, so then you're sort of saying they're going to get stuck with it. shareholders would get stuck with part of it and it also gets passed along with, that seems self-defeating, too. >> we're talking about lowering corporate taxes on the shareholders. on the beneficiaries of those higher. >> you worked in the white house, steve. you know the president. >> i do. >> you know the way he thinks and frankly many of his cabinet members and those quhis pwhispe his ear thing. he'll barnstorm the country and talk about the 39.6%, talking about marginal rates. where is the room to the extent you believe there's room, to compromise, with a house that doesn't want to talk about marginal rates at all? where is the white house able to compromise? >> i've been doing deals for many years, greg has, there's always compromise. could you put the buffett rule in to raise a bit of money over here? the beauty of this situation, it's difficult, but the beauty of it is, it's not
are paying taxes some other way. >> corporations pass along taxes to their consumers anyway. to the customers as well, right, so then you're sort of saying they're going to get stuck with it. shareholders would get stuck with part of it and it also gets passed along with, that seems self-defeating, too. >> we're talking about lowering corporate taxes on the shareholders. on the beneficiaries of those higher. >> you worked in the white house, steve. you know the president....
158
158
Nov 26, 2012
11/12
by
CURRENT
tv
eye 158
favorite 0
quote 0
but not raising taxes. lindsay graham goes on to something else that he throws out here. >> i agree with we shouldn't raise rates, but i think grover is wrong. what do you do with the money? buy down debt and cut rates to create jobs but i will violate the pledge, long story short for the good of the country, only if democrat will do entitlement reform. >> bill: oh, peter you listen to what these people are saying that's why the media has it all wrong. they are falling for this republican line of crap. republicans lost this election. this was mitt romney's deal. and president obama said we have to have an balanced deal we're going to cut spending to the bone, but you have also got to get rid of those bush tax cuts for the wealthiest of americans, and put it back where it was under president clinton, the greatest economic growth in our lifetime. americans went with president obama's idea. it's now time for republicans to accept this is what the americans want. but instead this is more republican propaganda,
but not raising taxes. lindsay graham goes on to something else that he throws out here. >> i agree with we shouldn't raise rates, but i think grover is wrong. what do you do with the money? buy down debt and cut rates to create jobs but i will violate the pledge, long story short for the good of the country, only if democrat will do entitlement reform. >> bill: oh, peter you listen to what these people are saying that's why the media has it all wrong. they are falling for this...
71
71
Nov 26, 2012
11/12
by
CSPAN2
tv
eye 71
favorite 0
quote 0
it simply is a tax. people can say it's not a tax. it's a tax. they have defined it as a tax. we don't have the ability to redefine the meaning of words around here. and it's a tax and a tax can't originate in the senate. so the house as it's presently written, is likely to object and will object to this, i'm certain. another easily fixed problem in the bill is this: the environment and public works committee brought the legislation up. the question of whether the duck stamp tax should be set by law by congress or given to the member of the present staff to set at whatever level he wants was discussed. and senator boxer agreed with those who shared the view that we shouldn't be delegating the power to an unelected cabinet person to set taxes in the united states of america. you can set duck stamp under this bill at any level he wants to set it at. that's not good. this is constitutional. i really feel strongly about it. congress must never cede its power to tax to a single person not even accountable or any other entity; u.n. or any other entity. the constitution gives congres
it simply is a tax. people can say it's not a tax. it's a tax. they have defined it as a tax. we don't have the ability to redefine the meaning of words around here. and it's a tax and a tax can't originate in the senate. so the house as it's presently written, is likely to object and will object to this, i'm certain. another easily fixed problem in the bill is this: the environment and public works committee brought the legislation up. the question of whether the duck stamp tax should be set...